Get started

Marketstructure

Cardano: Sell off toward $0.21 centsADA still in the downtrend and appear that bears are taking control in this trend. what ADA price it's around $0.25 cents, and based in H8 timeframe, we see a potential short toward $0.21 cents. The H4 still bearish and H8 too. What this it's a great opportunity to sell ADA based in price action. Meanwhile, if we closed up with a bearish signal in Daily candlestick, this could to mean that ADA will drop in the next couple days in this market crash. I hope that you enjoy to trade cryptocurrencies to short position. Good Luck!!!
BINANCE:ADAUSDShort
by harisonhbn9718
1
The MASK Has Fallen! 🤿Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 📉 After breaking below the last major low in gray, MASK has been overall bearish trading inside the falling red channel. MASK is currently approaching a strong daily support in blue 2.0 📈 For the bulls to take over again , we need a break above the upper red trendline AND the last high in gray. Meanwhile , until the buy is activated, MASK would be overall bearish and can still break the 2.0 downward. If the 2.0 is broken downward (daily candle close), then a movement till the 1.5 support would be expected. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
17
DJI + Indicators Vs NDQ Vs BitcoinHi Investors & Traders Although this is a chart of the Dow, it will mainly focus on the interactions of Bitcoin with the Dow and the Nasdaq. I'm taking a slightly different look at the market here with this chart. This is the monthly chart of the Dow Jones, Nasdaq and Bitcoin, but the 4 indicators on the bottom are corresponding of the Dow. The four indicators as follows... STOCHASTIC RSI FEAR AND GREED CM ULTIMATE MACD CM ULTIMATE RSI In this chart we can really see the parabolic growth of Bitcoin especially against the Nasdac and the almighty Dow Jones. Way back in 2017 the markets were in a rally non bigger than Bitcoin, and as we can see it Pierced through the Nasdaq and was pretty much met as resistance by Dow with a fairly strong rejection from it. It then found some support off the Nasdaq but it ultimately fell through and bottomed out. The next move to re pierce the Nasdaq and it co mingled with it for about one and half years before it inevitable broke out above it and met with the Dow Jones and went on to pierce it as well. Bitcoin then corrected right back to the Dow as support for months into it's second attempt to another break out f new highs @ 69k. Not long after Bitcoin once again falls to the Dow as support once more, makes a small move and then plunges with the rest of the markets and goes down bellow the Dow as similarly did with the Nasdac back in 2018. Comparing to the Nasdaq drop of 2018 Bitcoin fell 51% under. This year in 2022 it has fallen about 56% under the Dow. At 5% more is this enough to call it a bottom? I guess we will see in due time. The good news 3 out of the 4 indicators are showing signs of recovery for the Dow with only the MacD not crossing yet. As we can clearly see in the recent history of a decade these indices tend to move together with the Dow leading the way. The thing is market sentiment can switch on a dime. Waiting for the MacD cross is still not a guarantee of new highs but it lowers the downward risk just bit more. Bitcoin and it's interaction with the Dow going forward will be very important in my opinion s I think it might have a tough time passing and the Dow. I will most likely mingle and battle with the Dow for a few years before it can eventually break above and make it support. Then and only then should the next parabolic move from Bitcoin will follow. Update I also added the SPX just for good measure. We can see that Bitcoin did have a small interaction with it for 3 months before it ultimately broke above and then dropped within 26% at the bottom in 2018. Comparing the Bitcoin drop of the SPX to the Nasdaq is 28% this year, only 2% off, fairly close so far.... But is it over? I don't normally include so many indicators but to get a good indication without making many charts I though it would be necessary to gauge the market from Dow with multiple angles. I want to add that bitcoin could interact with these indices for a long time or permanently for all we know at this point. Thanks for viewing leave comments and or questions down below WeAreSat0shi
TVC:DJILong
by WeAreSat0shi
7
Trade Plan 12/22/2022 P-Shape Formation = Short Covering + Strong Buyers *Possible end to a downtrend if we can confirm the market structure change. TP1> If we manage to Trade/Bid above MAIN POC 3905, I want to see a break above previous POC 3914 (BEARS LIS) to support the upside trade. After than we can go for 3934 > 3960 > 3980 3995. TP2> If we manage to Trade below MAIN POC 3905, the downside is 3886 > 3874, where maybe we can have a BULL Fight, if lost we can ride back to 3858 > 3850 Naked POC. *All trades must be taken after IB (Initial Balance) 9:45am-10:00am #tradesafe #sizekills
CME_MINI:ES1!
by IronMan_Trader
BTC Long term Vision! Bulltrap alert!!What Makes Bull Traps Happen? Wishful Thinking Bull traps can emerge after a market downturn appears to have been exhausted. In the wake of steep declines, there’s often clamoring among investors to grab an early seat for the ride back up, get in at what appears to be a bargain price, and/or pick a bottom. These initial buying spurts may push prices above certain chart levels, and these “breakouts” can trigger more buying. But such breakouts may actually be false signals, and the price soon resumes a downward path. So, what is a bull trap? A bull trap fools some traders into thinking a market or an individual stock price is done falling and that it’s a good time to buy. But then it turns out it’s not a good time, because the price soon resumes its descent, catching buyers in a money-losing trap. In many ways, it’s the opposite of a “bear trap,” which can fool traders into selling out too soon in the midst of a bull market. Here, we can go and print 25k..even 30kish..still I'd say it is going to be a bull trap! I also see the overall market conditions and it doesn't seem good. Do you agree or disagree?! Comment down below!!
BITSTAMP:BTCUSDShort
by The3eyedFrog
2